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Wisdom aside, anyone have any back of the envelope math on how much this would actually generate (assuming no other impact on job shifts, employment, pay rates etc)?
Several folks say it’d likely be something like $300 - $350 billion/yr. We’re currently projected to spend $2.4 trillion in PRIVATE healthcare spending in 2021, so that 4% payroll tax would only replace around 15% of it, requiring cutting total spending by over 40%.
The Mercatus study projected that Bernie’s MFA bill would cut total spending by around 3.5%. Even if you think they’re being too conservative (they ARE anti-MFA, after all), that’s quite a gap.
acasignups.net/18/12/02/dear-…
acasignups.net/18/12/02/dear-…
Here’s the Mercatus study projections of Bernie’s MFA compared to CMS’s current 10-year National Health Expenditure projections. Any new or increased taxes/revenue would fall on the top side of the dotted line. 
In @SenGillibrand’s defense, she doesn’t say the 4% payroll tax would be the ONLY funding source. Presumably it’d be in addition to other corporate taxes, increased capital gains tax, a higher top marginal rate or whatever.
